Markel Group Inc. (NYSE:MKL) Receives $2,025.00 Consensus PT from Brokerages

Markel Group Inc. (NYSE:MKL) has received an average recommendation of “Hold” from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokerages that have covered the stock in the last year is $2,025.00.

A number of equities analysts recently commented on the company. Brean Capital initiated coverage on Markel Group in a research note on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price target for the company. Weiss Ratings downgraded shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Truist Financial decreased their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research note on Thursday, April 30th. Finally, Wall Street Zen downgraded shares of Markel Group from a “buy” rating to a “sell” rating in a research note on Saturday, May 2nd.

Insider Activity at Markel Group

In related news, Director Diane Leopold acquired 50 shares of Markel Group stock in a transaction on Thursday, May 7th. The shares were bought at an average cost of $1,789.19 per share, with a total value of $89,459.50. Following the completion of the purchase, the director directly owned 550 shares of the company’s stock, valued at $984,054.50. The trade was a 10.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the sale, the director directly owned 645 shares in the company, valued at $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.08% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MKL. Valley National Advisers Inc. purchased a new position in Markel Group during the fourth quarter worth $25,000. Fideuram Asset Management Ireland dac purchased a new position in Markel Group during the fourth quarter worth $26,000. Reflection Asset Management purchased a new position in Markel Group during the fourth quarter worth $26,000. Measured Wealth Private Client Group LLC purchased a new position in Markel Group during the third quarter worth $29,000. Finally, V Square Quantitative Management LLC purchased a new position in Markel Group during the fourth quarter worth $32,000. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Price Performance

Shares of NYSE:MKL opened at $1,900.97 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a fifty day moving average price of $1,857.69 and a 200 day moving average price of $1,978.42. Markel Group has a fifty-two week low of $1,719.41 and a fifty-two week high of $2,207.59. The firm has a market cap of $23.78 billion, a price-to-earnings ratio of 13.70 and a beta of 0.67.

Markel Group (NYSE:MKL) last issued its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). Markel Group had a net margin of 10.85% and a return on equity of 7.90%. The firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.66 billion. As a group, sell-side analysts expect that Markel Group will post 113.55 earnings per share for the current fiscal year.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.